Common Vocab 2 Flashcards

1
Q

Affluent

A

Wealthy; having a lot of money.

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2
Q

Arduous

A

Difficult and tiring.

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3
Q

Bureaucracy

A

A system of government or management with rigid procedures.

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4
Q

Capitalism

A

An economic system where private individuals own businesses.

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5
Q

Collateral

A

Something pledged as security for repayment of a loan.

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6
Q

Consensus

A

General agreement among a group.

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7
Q

Deficit

A

When expenses exceed income.

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8
Q

Demographic

A

A statistical view of a population.

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9
Q

Entrepreneur

A

Someone who starts a business.

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10
Q

Equity

A

Ownership or fairness (depends on context).

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11
Q

Fiscal

A

Relating to government revenue and taxes.

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12
Q

Frugal

A

Economical; not wasteful.

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13
Q

Incentive

A

Something that motivates action.

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14
Q

Leverage

A

The use of borrowed capital for investment.

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15
Q

Liability

A

A financial or legal responsibility.

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16
Q

Logistics

A

The planning and execution of complex operations.

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17
Q

Monopoly

A

Exclusive control over a product or service.

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18
Q

Negotiation

A

Discussion aimed at reaching an agreement.

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19
Q

Outsource

A

To delegate work to an external source.

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20
Q

Quota

A

A fixed share or limit.

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21
Q

Recession

A

A period of economic decline.

22
Q

Revenue

A

Income generated from business or taxes.

23
Q

Scalability

A

The ability to grow without losing performance.

24
Q

Stakeholder

A

Anyone affected by a decision or project.

25
Subsidiary
A company controlled by a parent company.
26
Aesthetic
Concerned with beauty or artistic impact.
27
Ambivalent
Having mixed feelings.
28
Benevolent
Kind and charitable.
29
Camaraderie
Mutual trust and friendship.
30
Chronological
Arranged in the order of time.
31
Decorum
Proper behavior and conduct.
32
Eclectic
Deriving ideas or style from a broad range of sources.
33
Ethical
Morally right or principled.
34
Feasible
Possible to do easily or conveniently.
35
Genre
A category of artistic work.
36
Hierarchy
A system of ranking or organization.
37
Imminent
About to happen.
38
Legacy
Something passed down from the past.
39
Morale
The confidence and enthusiasm of a group.
40
Notorious
Famous for something bad.
41
Omnipotent
All-powerful.
42
Pandemic
A widespread disease over multiple countries.
43
Prestige
High status or respect.
44
Prolific
Producing a lot of work or results.
45
Resilient
Able to recover quickly.
46
Sanction
A penalty or approval (context-dependent).
47
Sustainable
Capable of being maintained over time.
48
Transient
Lasting only for a short time.
49
Unprecedented
Never done or known before.
50
Viable
Capable of working successfully.